AS Silvano Fashion Group (SFG, Tallinn), engaged in tailoring and sale of lingerie under the Milavitsa, Alisee, Lauma and Laumelle brands, saw a 58.8% rise in sales in Ukraine in 2017, to UAH 75.2 million.
The company said in a report on the Warsaw Stock Exchange (WSE) on Friday that its revenue grew by 52.5% in foreign currency, to EUR 2.53 million.
According to the report, the franchise shop chain in Ukraine remained unchanged in Ukraine – 50 shops.
In 2016, sales in Ukraine fell by 19.4%, to EUR 1.66 million and in hryvnias – by 3.5%, to UAH 47.37 million.
Ukraine’s share of total revenue last year was 4.1% compared with 2.9% a year ago.
SFG said that its sales grew by 7.7% in 2017, to EUR 62.35 million.
